2007 Suzuki Grand Vitara Luxury Sport Utility 4-door 2.7l on 2040-cars

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Suzuki calls in 26,000 Daewoo-built Veronas for overheating lights

Suzuki is recalling yet another Daewoo-built model due to possible problems with the daytime running light module in the instrument panel. This time it covers about 25,899 units of the Suzuki Verona from the 2004 through 2006 model years that need fixing. Like the repair campaign of the Forenza and Reno in May, it's possible for the part to overheat, melt and potentially cause a fire.
According to the Chronology of Principal Events section in the defect notice submitted to the National Highway Traffic Safety Administration, this recall was actually a direct result of the Forenza/Reno campaign. After finding the problem in those vehicles, General Motors Korea started investigating for more affected models and discovered that the Verona was also at risk. However, the report says that no cases of melting or fires have been found in the Verona.
Obviously, Suzuki will be notifying affected owners and will replace the DRL module free of charge. Scroll down to read the recall request or check out the full defect notice in PDF format, here.

Suzuki recalling 184k GM-built models for fire risk

Suzuki is recalling 184,244 total units of the 2004-2008 Forenza (pictured above) and 2005-2008 Reno manufactured under contract by Daewoo, now General Motors Korea, between September 1, 2003, through July 30, 2008, for a risk of fire. The exact split in terms of number of each model isn't available yet.
In the vehicles, the heat generated in the headlight switch or daytime running light module could cause the parts to melt and cause a fire. If this sounds somewhat familiar, it's the same reason that 218,000 units of the 2004-2008 Chevrolet Aveo are being recalled. According to General Motors spokesperson Alan Adler: "It's the same issue."
Adler explained that as the contracted manufacturer, GM is responsible for finding a remedy to this problem and providing it to Suzuki. It's a similar situation as Toyota recalling the Matrix and giving the automaker the repair parts to fix the Pontiac Vibe, which shares the platform.

Suzuki has to take out $45M loan just to shutter US dealers

Bloomberg reports American Suzuki is set to borrow up to $45 million to to close its automotive dealerships and freshen up its it motorcycle and marine business. Suzuki Motor Corporation will loan American Suzuki the funds at three percent below the London Interbank offered rate in order to offer dealer owners a cash payment in exchange for voluntarily abandoning franchise agreements. The company's 216 dealers have 10 days to make a decision on the matter. Under the plan, Suzuki would give dealer owners half of what they're owed in one lump sum, and the dealers would then be able to pursue the remaining debt through the company's bankruptcy procedure.
U.S. Bankruptcy Judge Scott C. Clarkson granted American Suzuki interim authority to borrow the funds, but Bloomberg reports the company will likely return to court in a few weeks to seek up to $100 million. According to Richard Pachulski, a lawyer for Suzuki America, the automaker may owe its dealers somewhere around $50 million.